Over recent decades co-management has become an increasingly popular form of
governance reform in many developing countries. Viewed as a means of promoting
sustainable and equitable management of natural resources, it has seen wide
application in small-scale inland fisheries. However, perhaps because of its
worthy credentials, there has been insufficient critical assessment of the
results. This paper commences with a review of underlying theory which is then
used to explore the reasons for failure of a co-management initiative in Sri
Lankan reservoir fisheries between 2001 and 2002.

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